“We have always known that heedless self-interest was bad morals; we know now that it is bad economics.”

Archive for September, 2009

"Maynard": "Let's review the record… It was the free market, laissez-faire policies of the Reagan, Bush, Clinton and Bush [II] administrations that created a bloated, hyper-aggressive, wildly unstable financial system…. Given the mess to be cleaned up, what is remarkable about the Obama Administration's policies is how minimalist they have been… The Federal Reserve has been much more aggressive in 'socializing' finance…"

"Readers from other countries often get upset when I [Brad Reed] tell them that the American right is louder and crazier than any right-wing movement in the developed world. “But we have wingnuts too!” they’ll insist as they’ll link to something crazy a Tory backbencher said eight years ago. But sorry, no. You do not have to deal with the level of stupid bullshit that we put up with on a daily basis. I never saw conservatives in other countries organizing angry protests when Tony Blair or Jean Chrétien talked to schoolchildren.

E. O'B.: "We've got oil derricks next to kids playing hopscotch in residential neighborhoods while schools are keeping kids from listening to the President. How much dumb is it going to take for this country to wake up?" Damn good question!